Multi-Millionaire Baseball Star Alex Rodriguez's Net Worth

Alex Rodriguez, an American born former baseball player played professionally for 24 years for the MLB teams Seattle Mariners, Texas Rangers, and New York Yankees.

Throughout his career, the 14-time All-Star singed richest contracts: 10-year deal $252 million with the Rangers and another 10-year $275 million contract with the Yankees, which became the light to his massive multi-million dollars fortune.

As of August 2019, Alex Rodriguez owns the net worth of around $350 million, the major income source of such worth goes to his lucrative MLB deals that earned him $33 per year during his career height.

Rodriguez, the 1993 MLB Draft of the Mariners recorded himself the youngest player ever to hit 500 home runs by August 4, 2007, which followed the hit of 600 home runs by the youngest player on August 4, 2010.

Biogenesis Baseball Scandal, Retirement & Career Update

Back in 2013, Alex Rodriguez was charged with the use of Performance-Enhancing Drugs (PED), famous as the Biogenesis baseball scandal.

It later sentenced him 162-game suspension at the end of 2014 season for use of PED but returned to MLB in 2016. Later, in January 2017, Alex's spokesperson announced that the 2-time Gold Glove Award won't play in the MLB.

Alex Rodriguez, an American former MLB player owns $350 million net worth

After retirement, Rodriguez appeared as a cast member of Shark Tank. Currently, the former baseball player serves as a broadcaster for Fox Sports 1 and a member of broadcast team of ESPN's Sunday Night Baseball.

Fortune With MLB Career: Income Sources, Contracts & Salary

According to Celebrity Net Worth, Alex Rodriguez has an estimated net worth of $350 million as of August 2019. Apart from MLB career contracts & salary, his other income sources proved to be massive endorsement deals and business venture.

As reported, the value of Rodriguez's fortune is same as of celebrities like Jay-Z and Will Smith, both owns $350 million.

Professionally famous as A-Rod, the New York native began his professional career in 1993 as the 1st Overall Selection of the Seattle Mariners' draft.

After playing 7 years for the Mariners, the Rodriguez singed with the Texas Rangers in 2000, followed by his trade to New York Yankees to acquire Alfonso Soriano and Joaquin Arias in February 2004.

Alex Rodriguez playing for MLB's Yankees

Here Is the List of Alex's career contracts with MLB teams:

August 1, 1993- Signed $1.3 million worth contract for 3 years with Mariners ($1 million signing bonus)

February 1, 1997- Inked a 4-year contract extension worth $10.7 million with Mariners

December 13, 2007- Singed a 10-year $275 million contract with the New York Yankees

In his career, Alex Rodriguez played 24 MLB seasons, that summed him a total of $450.15 million including salary and bonuses.

Salary Of Alex From MLB Career

From Seattle Mariners:

Year

Salary

Bonus

1994

$109,000

$333,333 (signing bonus)

1995

$109,000

$333,333

1996

$109,000

$333,333

1997

$1.062 million

$50,000 (incentive)

1998

$2.126 million

-

1999

$3.112 million

-

2000

$4.362 million

-

Salary From Texas Rangers:

Year

Salary

Bonus

2001

$18 million

$2 million (signing bonus) & $250,000 (incentive)

2002

$17 million

$2 million (signing bonus) & $400,000 (incentive)

2003

$16 million

$2 million (signing bonus) & $500,000 (incentive)

2004

(went to Yankees)

$2 million (signing bonus)

2005

-

$2 million (signing bonus)

2011

$3 million (from remaining guaranteed amount)

$1 million (signing bonus)

2012

$4 million

-

2013

$5 million

-

2014

$5 million

-

2015

$5 million

-

2016

$4 million

-

2017

$4 million

-

2018

$5 million

-

2019

$1 million

-

Salary From New York Yankees:

Year

Salary

Bonus

2004

$16 million

$100,000 (incentive)

2005

$20 million

$1.2 million (incentive)

2006

$21 million

$100,000 (incentive)

2007

$23 million

$1.7 million (incentive)

2008

$27 million

$2 million (signing bonus)

2009

$32 million

$1 million (signing bonus)

2010

$32 million

$1 million (signing bonus)

2011

$31 million

$1 million (signing bonus)

2012

$29 million

$1 million (signing bonus)

2013

$28 million

$1 million (signing bonus)

2014

$2.86 million

$3 million (signing bonus)

2015

$21 million

-

2016

$20 million

-

2017

$20 million (guaranteed amount from the contract)

-

2019

$4 million

-

2020 (to-be-paid from contract guarantee even after retirement)

$5 million

-

For a fact, back in February 2004, after Alex Rodriguez was traded to Yankees from the Rangers, the Texas Rangers promised $67 million payment upon the remaining $112 million, from $252 million contracts signed for 10 years.

Well, his overall career stats read:

Batting average- 0.295

Hits- 3,115

Home runs- 696

Runs batted in- 2,086

Revenue From Endorsements & Business Venture

Meanwhile, Alex Rodriguez doesn't seem to have any endorsements, following the end of sponsorship after his involvement in Biogenesis baseball scandal.

Though, during his career height, the now-former MLB player used to earn $1 million per year for endorsing Nike. He reportedly had endorsement deals with Louisville Slugger, Rawlings, PepsiCo, Giorgio Armani, Vita Coco, and Radio Shack.

Sources report that the 2009 World Series Champion Rodriguez made a total of $35 million from commercials and sponsorship.

Alex Rodriguez endorsed Vita Coco

Back in 2012, Alex made $2 million from endorsements while in 2014, pocketed $300,000.

The former MLB player has also appeared in the commercial of Guitar Hero World Tour featuring Tony Hawk, Kobe Bryant, and Michael Phelps.

Meanwhile, the 3-time MVP has over 3.1 million followers on Instagram while the Twitter followers are over 1.25 million.

Philanthropic Works: Charity & Donations

The former MLB player is also active in charity works and has associations with non-charitable organizations: Keep A Child Alive, Raising Malawi, Soles4Souls and UNICEF, supported by other celebrities like Jennifer Hudson, Ryan Seacrest, and Mariska Hargitay.

In September 2015, he donated $1 million to Boys & Girls Clubs of Miami-Dade.

In addition to that, back in 2003, Alex funded $3.9 million to University of Miami to renovate its baseball stadium and is the member of University of Miami's Board of Trustees.

Currently, Alex Rodriguez lives with his fiance-to-wife Jennifer Lopez in Bronx, New York. Well, the former MLB star owns several propertis across the United States and often makes highlights with his real estate trades.

In January 2019, Rodriguez kept his 4,000-sq. ft Manhattan condo in the market for $17.5 million, just after a year of purchase.

Along with Lopez, Alex had bought the 3-bedroom and 4.5 bathroom property 432 Park Avenue in Midtown Manhattan in 2018 for $15 million.

Though, the sales report of the property is yet to be out.

Alex and Jennifer's Manhattan condo for sale for $17.5 million

In addition to that, Rodriguez put his bachelor pad above L.A.’s Sunset Strip for sale, asking $4.8 million in March 2019.

The 3,700 sq. ft. boasting 4 bedrooms and 4 bathrooms came in the market in late 2018 for $6.5 million but chopped off $1.25 million later.

It was bought by the former MLB star in 2014 from actress Meryl Streep with a payment of $4.8 million.

Alex Rodriguez's LA Strip pad chops off $1.5 million in asking price of $6.5 million

However, the report on its sales is yet to be disclosed.

List of other real estates of Rodriguez:

Property in Coral Gables, Florida, spread on 1.46 acre- Bought in June 2013 for $2.69 million

Condo in Upper East Side building, Manhattan (4,597 sq. ft.)- Purchase value of $7.4 million in 2005

An 8,310 sq ft home in Biscayne Bay of Coral Gables, Florida- Bought in December 2004 for $12 million

The sales price of Miami Beach, Florida house (May 2013)- $30 million

Sold Condo on Miami Beach (2014)- $2.575 million

Car Collection & Private Jet

The multi-millionaire personality is used to a lavish lifestyle and owns a collection of luxurious rides. His car collection is estimated to be worth millions of dollars, including:

Porsche 911 Convertible- $133,000

BMW 3 series

Maybach 57 S

Ferrari 599 GTB

Rolls Royce Drophead- Range of $274,976- $339,812

Ferrari 575 Maranello

As reported, in August 2019, his fiance Jennifer Lopez gifted him vintage blue Ford Bronco for his 44th birthday. Just some weeks earlier, Rodriguez had gifted Lopez a red Porsche for her 50th birthday.